Douglass North Quotes
Institutions are the humanly devised constraints that structure political, economic, and social interactions. They consist of both informal constraints (sanctions, taboos, customs, tradition, and code of conduct) and formal rules (constitutions, laws, property rights).

Quotes to Explore
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You can understand why good publicists go on to run distribution companies: because the creativity involved is complex and nuanced.
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The toute ensemble was such as to make polished society blush, when compared with these savages.
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Gospel music rhythms are not African in origin, although I know that's what the jazz experts say.
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I grew up as an only child and my mother was also an only child, so we were both very passionate about reading. I think I passed that on to my daughter, who went plowing through 'Harry Potter' and every other book possible!
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If you're looking for immediate rewards, you're only looking for the money.
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I am the protector of all lives. I am present even before the creation. I am prime God.
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Not always trainers, but if I don't have to, I don't wear high heels. It's really just if something looks good on me, I'm going to buy it. It can be Zara or Chanel... I'm going to buy it.
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I'm a character actor, but I look like a leading man.
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I'm not sure that when I read 'Treasure Island' for the first time, when I was about 10, I understood all the words or what was going on. But that didn't stop me reading it, and I certainly didn't forget it.
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The class distinctions proper to a democratic society are not those of rank or money, still less, as is apt to happen when these are abandoned, of race, but of age.
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I'm very conscious of other people's opinions and of people not liking me.
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Extreme poverty threatens people's right to life itself and makes impossible the enjoyment of the rights and freedoms essential to a humane way of life.
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This is all the inheritance I give to my dear family. The religion of Christ will give them one which will make them rich indeed.
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I wish every woman would love herself and embrace what she was given naturally.
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I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.
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If one is to be called a liar, one may as well make an effort to deserve the name.
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Bear and endure: This sorrow will one day prove to be for your good.
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The cool thing about my show and me is that I'm a writer, and I'm a writer first if I don't have music.
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Aggression only moves in one direction - it creates more aggression.
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The stage of the development of the productive forces determines the political and ideological superstructure of society which are crystallized into a system of social organization.
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Institutions are the humanly devised constraints that structure political, economic, and social interactions. They consist of both informal constraints (sanctions, taboos, customs, tradition, and code of conduct) and formal rules (constitutions, laws, property rights).